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TSB Classis Plus
jimmeee

TSB Classis Plus
jimmeee

Posted: Fri Mar 10, 2017 11:15 pm

by Infurno01

Hi folks,

I'm proper confused with the TSB Classic Plus accounts so hoping someone can point me in the right direction.

I have had 2 TSB Classic Plus accounts for a while now. They were earning 3% (I think) for balances up to Â£2000. They also gave 5% cashback for using Contactless payments up to Â£5 every month on each account.

I've realised now that they have stopped this in the last month or 2 and they now have a new Classic Plus account advertised on their website. However, to qualify for the new perks, it says you must have opened your account from 1 March 2017.

What does this mean for my existing Classic Plus account then? Does it still earn interest up to Â£2k but without any contactless cashback perks? I also assume I don't qualify for the 2 direct debit Â£5 cashback either?

Thanks

Posted: Sat Mar 11, 2017 4:09 pm

by kevin_wilson967

They used to pay interest of 5% up to Â£2000. Now it's 3% up to Â£1500. The contactless cashback will have expired unless you opened your account after June 2016. None of the new perks will apply to you.

Not sure of the reason for the . That's how introductory offers work.

Posted: Sun Mar 12, 2017 1:02 am

by Infurno01

“

They used to pay interest of 5% up to Â£2000. Now it's 3% up to Â£1500. The contactless cashback will have expired unless you opened your account after June 2016. None of the new perks will apply to you.

Not sure of the reason for the . That's how introductory offers work.
Originally posted by masonic

”
Thanks for the clarification masonic. Appreciate it.

Posted: Sun Mar 12, 2017 3:29 pm

by Roo_Ulm

The new offer is not as good as you have to make 20 debit card payments per month, per account and that's a lot.

Also, it's Â£5 for 20 spends or nothing, whereas the contactless 5% pays out on any amount up to Â£100, per account (if the atms play ball).